|                                                                         | OMB APPROVAL         
|------------------------------------------------------------------------ | ---------------------
|UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549 | OMB Number:
3235-0416
|Expires:
December 31, 2005                                              
|Estimated average burden
hours per response
174.00                      

FORM 10-QSB

|(Mark One)                                                                               
|-----------------------------------------------------------------------------------------
|[X]                                                                                      
|For the quarterly period ended: September 30, 2003                                       
|Or                                                                                       
|[  ]                                                                                     
|For the transition period from ____________ to _____________                             
|Commission File Number:            0-31503                                               
|E-COM TECHNOLOGIES CORPORATION                                                           
|Nevada(State or other jurisdiction of incorporation or organization)                     
|620-800 W. Pender Street, Vancouver, B.C., Canada(Address of principal executive offices)
|(604) 685-5851(Registrant's telephone number, including area code)                       
|N/A(Former name, former address and former fiscal year, if changed since last report)    

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  
Yes [X] No [ ]



APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.
Yes [ ] No [ ]



APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date: 34,291,735 (November 10, 2003)



TRANSITIONAL SMALL BUSINESS DISCLOSURE FORMAT

Yes [ ] No [X]



E-COM TECHNOLOGIES CORPORATION







Table of Contents

|                                                                                                                                                                    | Page
|------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ----
|PART I  FINANCIAL INFORMATION                                                                                                                                      |     
|Item 1. Consolidated Financial Statements                                                                                                                           |     
|Unaudited Interim Consolidated Balance Sheet as at September 30, 2003 and December 31, 2002                                                                         | 4   
|Unaudited Interim Consolidated Statements of Operations and Comprehensive Loss for the 3-month and 9-month periods ended September 30, 2003 and September 30, 2002. | 5   
|Unaudited Interim Consolidated Statement of Stockholders Equity                                                                                                    | 6   
|Unaudited Interim Consolidated Statements of Cash Flows for the 9-month periods ended September 30, 2003 and September 30, 2002                                     | 7   
|Notes to Unaudited Interim Consolidated Financial Statements                                                                                                        | 8   
|Item 2. Management's Discussion and Plan of Operation                                                                                                               | 11  
|Item 3. Controls and Procedures                                                                                                                                     | 14  
|PART II  OTHER INFORMATION                                                                                                                                         |     
|Item 1. Legal Proceedings                                                                                                                                           | 15  
|Item 2. Changes in Securities and Use of Proceeds                                                                                                                   | 15  
|Item 3. Defaults Upon Senior Securities                                                                                                                             | 15  
|Item 4. Submission of Matters to a Vote of Securities Holders                                                                                                       | 15  
|Item 5. Other Information                                                                                                                                           | 15  
|Item 6. Exhibits and Reports on Form 8-K                                                                                                                            | 15  







---



















Item 1  Financial Statements



























---



















Interim Consolidated Financial Statements

(Expressed in United States dollars)



E-COM TECHNOLOGIES CORPORATION



Nine-month periods ended September 30, 2003 and 2002

(Unaudited)



















---

E-COM TECHNOLOGIES CORPORATION

Interim Consolidated Balance Sheets

(Unaudited)

September 30, 2003 and December 31, 2002

(Expressed in United States dollars)



|                                                         | September 30,       | December 31,     
|-------------------------------------------------------- | ------------------- | -----------------
|                                                         | 2003                | 2002             
|Assets                                                   | (Unaudited)         | (Audited)        
|Current assets:                                          |                     |                  
|Cash                                                     | $               955 | $         12,470 
|Accounts receivable                                      | 453                 | 3,382            
|Prepaid expenses                                         | -                   | 2,764            
|                                                         | 1,408               | 18,616           
|Fixed assets, net of accumulated depreciation of $32,353 |                     |                  
|(2002 - $43,101)                                         | -                   | 7,592            
|Total assets                                             | $            1,408  | $         26,208 
|Liabilities and Stockholders' Deficiency                 |                     |                  
|Current liabilities:                                     |                     |                  
|Accounts payable and accrued liabilities                 | $          66,409   | $         81,686 
|Due to related parties                                   | 136,532             | 221,030          
|Loans payable                                            | 5,933               | 64,748           
|Current capital lease obligation                         | -                   | 2,544            
|                                                         | 208,874             | 370,008          
|                                                         |                     |                  
|Long-term capital lease obligation                       | -                   | 2,548            
|Convertible debt, net of discount of $4,144              |                     |                  
|(2002 - $4,972)                                          | -                   | 67,388           
|Total liabilities                                        | 208,874             | 439,944          
|                                                         |                     |                  
|Stockholders' deficiency:                                |                     |                  
|Common stock:                                            |                     |                  
|Authorized:                                              |                     |                  
|90,000,000 common voting shares, par value of $0.001     |                     |                  
|per share                                                |                     |                  
|10,000,000 preferred stock, par value of $0.001          |                     |                  
|per share                                                |                     |                  
|Issued and outstanding:                                  |                     |                  
|34,291,735 common stock (2002  12,750,157)              | 34,292              | 12,750           
|Additional paid-in capital                               | 508,662             | 247,824          
|Deficit                                                  | (707,661)           | (677,665)        
|Accumulated other comprehensive income:                  |                     |                  
|Cumulative translation adjustment                        | (42,759)            | 3,355            
|Total stockholders' deficiency                           | (207,466)           | (413,736)        
|Total liabilities and stockholders' deficiency           | $            1,408  | $          26,208



See accompanying notes to interim consolidated financial statements.





---

E-COM TECHNOLOGIES CORPORATION

Interim Consolidated Statements of Operations and Comprehensive Loss

(Unaudited)

(Expressed in United States dollars)



Three and nine-month periods ended September 30, 2003 and 2002



|                                        | Three months        | Three months        | Nine months         | Nine months     
|--------------------------------------- | ------------------- | ------------------- | ------------------- | ----------------
|                                        | ended               | ended               | ended               | ended           
|                                        | September 30,       | September 30,       | September 30,       | September 30,   
|                                        | 2003                | 2002                | 2003                | 2002            
|Revenues:                               |                     |                     |                     |                 
|Website and programming
services        | $                 - | $             1,713 | $               661 | $         17,553
|Hardware/software sales                 | -                   | -                   | -                   | -               
|                                        | -                   | 1,713               | 661                 | 17,553          
|Cost of sales and services              | -                   | 84                  | -                   | 10,346          
|Gross profit                            | -                   | 1,629               | 661                 | 7,207           
|Expenses:                               |                     |                     |                     |                 
|Depreciation and amortization           | -                   | 2,749               | 2,318               | 10,210          
|Interest expense                        | 4,245               | 1,997               | 10,680              | 6,174           
|Selling, general and administrative     | 3,940               | 26,806              | 17,448              | 114,514         
|Total expenses                          | 8,185               | 31,552              | 30,446              | 130,898         
|Loss before other items:                | (8,185)             | (29,922)            | (29,785)            | (123,691)       
|Other items:                            |                     |                     |                     |                 
|Gain on disposal of assets              | -                   | -                   | 269                 | -               
|Write off of equipment                  | -                   | -                   | (480)               | -               
|                                        | -                   | -                   | (211)               | -               
|Loss for the period                     | (8,185)             | (29,922)            | (29,996)            | (123,691)       
|Other comprehensive loss:               |                     |                     |                     |                 
|Foreign currency translation
adjustment | 4,461               | 517                 | (46,114)            | 517             
|Comprehensive loss                      | $           3,724   | $         (29,405)  | $        (76,110)   | $ (123,174)     
|Loss per share:                         |                     |                     |                     |                 
|Basic                                   | $           (0.00)  | $           (0.00)  | $       (0.00)      | $       (0.01)  
|Diluted                                 | (0.00)              | (0.00)              | (0.00)              | (0.01)          
|Weighted average shares:                |                     |                     |                     |                 
|Basic                                   | 15,325,780          | 12,750,157          | 13,618,113          | 12,750,157      
|Diluted                                 | 15,325,780          | 12,750,157          | 13,618,113          | 12,750,157      



See accompanying notes to interim consolidated financial statements.

#



---

E-COM TECHNOLOGIES CORPORATION

Interim Consolidated Statements of Stockholders Equity (Deficiency)

(Unaudited)

(Expressed in United States dollars)



Nine-month period ended September 30, 2003

|                                                                                  |              |                |                 |                 | Total          
|--------------------------------------------------------------------------------- | ------------ | -------------- | --------------- | --------------- | ---------------
|                                                                                  |              | Additional     | Retained        | Cumulative      | stockholders'  
|                                                                                  | Common stock | paid-in        | earnings        | translation     | equity         
|                                                                                  | Shares       | Amount         | capital         | (deficit)       | adjustment     
|Balance, January 29, 1999                                                         |              |                |                 |                 |                
|issued for cash at $.0004                                                         |              |                |                 |                 |                
|per share post 2.5:1 split                                                        | 7,500,000    | $        3,000 | $             - | $             - | $             -
|April 4, 1999:                                                                    |              |                |                 |                 |                
|Issued for cash                                                                   | 3,000,000    | 1,200          | -               | -               | -              
|                                                                                  |              |                |                 |                 |                
|Foreign currency translation adjustments                                          | -            | -              | -               | -               | (3)            
|                                                                                  |              |                |                 |                 |                
|Net earnings                                                                      | -            | -              | -               | 3,350           | -              
|                                                                                  |              |                |                 |                 |                
|Balance, December 31, 1999                                                        | 10,500,000   | 4,200          | -               | 3,350           | (3)            
|                                                                                  |              |                |                 |                 |                
|April 30, 2000:                                                                   |              |                |                 |                 |                
|Issued for cash                                                                   | 1,195,650    | 1,196          | 118,369         | -               | -              
|                                                                                  |              |                |                 |                 |                
|April 30, 2000:                                                                   |              |                |                 |                 |                
|Issued for services                                                               | 129,250      | 129            | 12,796          | -               | -              
|                                                                                  |              |                |                 |                 |                
|April 30, 2000:                                                                   |              |                |                 |                 |                
|Issued for cash                                                                   | 677,013      | 677            | 67,024          | -               | -              
|                                                                                  |              |                |                 |                 |                
|September 18, 2000:                                                               |              |                |                 |                 |                
|Issued for services                                                               | 12,000       | 12             | 1,188           | -               | -              
|                                                                                  |              |                |                 |                 |                
|November 15, 2000:                                                                |              |                |                 |                 |                
|Issued for cash                                                                   | 45,244       | 45             | 6,742           | -               | -              
|                                                                                  |              |                |                 |                 |                
|December 28, 2000:                                                                |              |                |                 |                 |                
|Issued for services                                                               | 106,000      | 106            | 4,894           | -               | -              
|                                                                                  |              |                |                 |                 |                
|Authorized par value change resulting in a decrease in additional paid-in-capital | -            | 6,300          | (6,300)         | -               | -              
|                                                                                  |              |                |                 |                 |                
|Detachable warrants issued with convertible debt                                  | -            | -              | 8,287           | -               | -              
|                                                                                  |              |                |                 |                 |                
|Stock compensation                                                                | -            | -              | 16,103          | -               | -              
|                                                                                  |              |                |                 |                 |                
|Conversion benefit of convertible debt                                            | -            | -              | 8,287           | -               | -              
|                                                                                  |              |                |                 |                 |                
|Foreign currency translation adjustments                                          | -            | -              | -               | -               | (672)          
|                                                                                  |              |                |                 |                 |                
|Loss for the year                                                                 | -            | -              | -               | (287,656)       | -              
|                                                                                  |              |                |                 |                 |                
|Balance, December 31, 2000                                                        | 12,665,157   | 12,665         | 237,390         | (284,306)       | (675)          
|                                                                                  |              |                |                 |                 |                
|May 25, 2001:                                                                     |              |                |                 |                 |                
|Issued for services                                                               | 75,000       | 75             | 7,425           | -               | -              
|                                                                                  |              |                |                 |                 |                
|June 25, 2001:                                                                    |              |                |                 |                 |                
|Issued for services                                                               | 10,000       | 10             | 990             | -               | -              
|                                                                                  |              |                |                 |                 |                
|Services rendered relating to prior year share
issuance                           | -            | -              | 14,000          | -               | -              
|                                                                                  |              |                |                 |                 |                
|Stock compensation                                                                | -            | -              | (13,103)        | -               | -              
|                                                                                  |              |                |                 |                 |                
|Foreign currency translation adjustments                                          | -            | -              | -               | -               | 4,904          
|                                                                                  |              |                |                 |                 |                
|Loss for the year                                                                 | -            | -              | -               | (249,151)       | -              
|                                                                                  |              |                |                 |                 |                
|Balance, December 31, 2001                                                        | 12,750,157   | 12,750         | 246,702         | (533,457)       | 4,229          
|                                                                                  |              |                |                 |                 |                
|Stock compensation                                                                |              |                | 1,122           |                 |                
|                                                                                  |              |                |                 |                 |                
|Loss for the year                                                                 | -            | -              | -               | (144,208)       | -              
|                                                                                  |              |                |                 |                 |                
|Foreign currency translation of adjustments                                       | -            | -              | -               | -               | (874)          
|                                                                                  |              |                |                 |                 |                
|                                                                                  |              |                |                 |                 |                
|Balance, December 31, 2002                                                        | 12,750,157   | 12,750         | 247,824         | (677,665)       | 3,355          
|September 19, 2003:                                                               |              |                |                 |                 |                
|Conversion of convertible debt                                                    | 8,582,576    | 8,583          | 79,412          |                 |                
|                                                                                  |              |                |                 |                 |                
|September 19, 2003:                                                               |              |                |                 |                 |                
|Issued for settlement of debt                                                     | 12,959,002   | 12,959         | 181,426         |                 |                
|Loss for the period                                                               | -            | -              | -               | (29,996)        | -              
|                                                                                  |              |                |                 |                 |                
|Foreign currency translation of adjustments                                       | -            | -              | -               | -               | (46,114)       
|                                                                                  |              |                |                 |                 |                
|                                                                                  |              |                |                 |                 |                
|Balance, September 30, 2003                                                       | 34,291,735   | $    34,292    | $    508,662    | $  (707,661)    | $    (42,759)  



See accompanying notes to interim consolidated financial statements.





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E-COM TECHNOLOGIES CORPORATION

Interim Consolidated Statements of Cash Flows

(Unaudited)

(Expressed in United States dollars)



Nine-month period ended September 30, 2003 and 2002

|                                               | 2003        | 2002                 
|---------------------------------------------- | ----------- | ---------------------
|Cash provided by (used in):                    |             |                      
|Operating activities:                          |             |                      
|Loss for the period                            | $
(
29,996) | $        (123,691)   
|Non-cash item:                                 |             |                      
|Depreciation                                   | 2,318       | 10,210               
|Gain on disposal of fixed assets               | (
269)      | -                    
|Write-off of equipment                         | 480         | -                    
|Interest expense of conversion option          |             |                      
|benefit of convertible debt                    | 4,973       | 1,243                
|Changes in non-cash operating working capital: |             |                      
|Accounts receivable                            | 2,107       | 14,289               
|Prepaid expenses                               | 2,764       | (1,034)              
|Work-in-progress                               | -           | 5,286                
|Accounts payable and accrued liabilities       | (
5,461)    | 9,064                
|                                               | (
23,084)   | (84,633)             
|Investing activity:                            |             |                      
|Proceeds on disposal of fixed assets           | 3,310       | -                    
|Financing activities:                          |             |                      
|Repayment of obligations under capital lease   | (
5,015)    | (4,911)              
|Issuance of debt due to related parties        | 6,613       | 75,857               
|Issuance of loans payable                      | 5,607       | 11,070               
|                                               | 7,205       | 82,016               
|Effect of foreign currency translation on cash | 1,054       | 517                  
|Decrease in cash                               | (
11,515)   | (2,100)              
|Cash, beginning of period                      | 12,470      | 3,870                
|Cash, end of period                            | $
955       | $             1,770  
|                                               |             |                      
|Supplementary disclosure:                      |             |                      
|Interest expense paid                          | $
872       | $            7,417   
|Income tax expense paid                        | $
-         | $                   -
|                                               |             |                      



See accompanying notes to interim consolidated financial statements.



Non-cash transactions  Note 6





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E-COM TECHNOLOGIES CORPORATION

Notes to Interim Consolidated Financial Statements

(Unaudited)

(Expressed in United States dollars)



September 30, 2003





1.

Basis of presentation:

The unaudited condensed interim consolidated financial statements have been prepared by E-Com Technologies Corp. ("E-Com") in accordance with generally accepted accounting principles in the United States of America and reflect all adjustments (all of which are normal and recurring in nature) that, in the opinion of management, are necessary for fair presentation of the interim periods presented. The results of operations for the interim periods presented are not necessarily indicative of the results to be expected for any subsequent quarter or for the entire year ending December 31, 2003. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles accepted in the United States of America have been condensed or omitted. These unaudited condensed consolidated financial statements and notes included herein should be read in conjunction with E-Coms audited consolidated financial statements and notes for the year ended December 31, 2002, included in E-Com's Registration Statement on Form 10-KSB.  The accounting principles applied in the preparation of these interim financial statements are consistent with those applied for the year ended December 31, 2002.

The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary E-Com Consultants (Canada) Corp.  All intercompany balances and transactions have been eliminated.



2.

Operations:

The Company was organized on January 29, 1999 (Inception) under the laws of the State of Nevada as E-Com Technologies Corporation.  The Company has a 100% owned subsidiary, E-Com Consultants (Canada) Corp., which was incorporated in the province of British Columbia, Canada.  On November 10, 2000, the Company became a fully registered issuer reporting with the United States Securities and Exchange Commission.  On December 15, 2000, the Company began trading on the National Association of Securities Dealer  Over-the-Counter Bulletin Board.

The Company had been in the business of developing e-commerce solutions, web-based applications, performing Internet marketing and consulting services and designing and hosting web sites.  In May 2003 the Company ceased operation of this business and is now seeking new business opportunities.

The Companys interim consolidated financial statements are prepared on a going concern basis in accordance with generally accepted accounting principles in the United States of America which contemplates the realization of assets and discharge of liabilities and commitments in the normal course of business.  Certain conditions, discussed below, currently exist which raise substantial doubt about the validity of this assumption.  The financial statements do not include any adjustments that might result from the outcome of this uncertainty.







---

E-COM TECHNOLOGIES CORPORATION

Notes to Interim Consolidated Financial Statements

(Unaudited)

(Expressed in United States dollars)



September 30, 2003







2.

Operations (continued):

Revenues are not sufficient to cover operating costs.  Furthermore, the Company has experienced negative cash flows from operations for the nine-month period ended September 30, 2003.  The Company plans to increase revenue through development of new business opportunities and also plans to seek additional equity financings to fund future operations.  Through September 30, 2003 no such additional financing has been obtained and there is no assurance that such financing will be available in the future, when required, and on an economic basis.  If the Company is unable to generate sufficient cash inflows, it may be required to reduce or limit operations.

For the period from incorporation to September 30, 2003, the Company operated as one business segment, Internet and related services.

All of the Companys revenues were generated in Canada.



3.

Convertible debt with detachable warrants:

(a)

On November 15, 2000, the Company issued a convertible debenture for proceeds of $24,860.  The convertible debenture has an interest rate of 9% and is convertible into common shares of the Company at the lower of $0.10 per share or 80% of the average closing price.  Interest is payable with common shares upon conversion, or with cash upon maturity of the debenture.  The debentures are convertible into common shares of the Company at any time beginning May 15, 2001, are redeemable at the option of the Company at 120% of the outstanding amount and 124,300 detachable warrants, convertible into common shares of the Company, were issued in conjunction with the convertible debt. These warrants expired on November 15, 2002.

The proceeds from the issuance of convertible debt securities with detachable warrants has been allocated between the warrants, the debt security, and the beneficial conversion option.

The fair value of the convertible debenture and the detachable warrants were calculated using the Black Scholes option-pricing model.  The value of proceeds allocated to the detachable warrants totaled $8,287 and is being amortized over the life of the convertible debt.  At the convertible debt commitment date, the value attributed to the beneficial conversion option was $8,287 which was amortized over the period to the first conversion date of May 15, 2001.

(a)

On March 14, 2001 the Company issued a convertible debenture for proceeds of $30,000.  The Company issued an additional $17,500 in convertible debenture on May 22, 2001 pertaining to the same subscription agreement for an aggregate total of $47,500.  The convertible debenture has an interest rate of 9% and is convertible into common shares of the Company at the lower of $0.075 per share or 75% of the average closing price.  Interest is payable with common shares upon conversion, or with cash upon maturity of the debenture.





---

E-COM TECHNOLOGIES CORPORATION

Notes to Interim Consolidated Financial Statements

(Unaudited)

(Expressed in United States dollars)



September 30, 2003







3.

Convertible debt with detachable warrants (continued):

The debentures are convertible into common shares of the Company at any time beginning September 12, 2001 and are redeemable at the option of the Company at 120% of the outstanding amount.

The value of the proceeds allocated to the convertible debt is as follows:



|                                                    | September 30, | December 31,     
|--------------------------------------------------- | ------------- | -----------------
|                                                    | 2003          | 2002             
|Face value of debt                                  | $       -     | $          72,360
|Discount attributed to warrants                     | -             | (4,972)          
|Discount attributed to beneficial conversion option | -             | -                
|                                                    |               |                  
|                                                    | $     -       | $          67,388

On September 19, 2003, all issued convertible debentures were converted into common shares of the Company. The average conversion price was $0.084 per share.



4.

Related party transactions:

Related party transactions not disclosed elsewhere in these consolidated financial statements are as follows:

(a)

Included within general and administration expenses is $NIL (2002 - $60,990) charged by companies controlled by officers and directors of the Company.  The fees were charged in consideration for the provision of management and consulting services to the Company.

At September 30, 2003, due to related parties includes an amount of $136,532 payable to a director of the Company and to a company controlled by an officer and director of the Company for expenses paid on behalf of the Company, advances of cash to the Company and management fees.  At December 31, 2002, this balance was $221,030.

(b)

The Company utilizes certain office and operating equipment that is provided by Companies that are owned by the Companys Directors at no charge.

5.

Capital Stock:

The following table summarizes information concerning outstanding and exercisable options at September 30, 2003:



|I        |  | Options outstanding |                 | Options exercisable
|-------- |  | ------------------- | --------------- | -------------------
|         |  |                     | Weighted        |                    
|         |  |                     | average         | Weighted           
|         |  |                     | remaining       | average            
|Exercise |  | Number              | contractual     | exercise price     
|price    |  | outstanding         | Life (in years) | per share          
|$0.10    |  | 130,000             | 2.20            | $0.10              



The expiry date of these options is December 11, 2005.



1.

Non-cash Transactions:



Investing and financing activities that do not have a direct impact on current cash flows are excluded

From the cash flow statements. During the nine months ended September 30, 2003, the following was excluded from the statement of cash flows:



-

Pursuant to the conversion of all outstanding convertible debentures having a face value of

$72,360, the Company issued 8,582,576 common shares at approximately $0.01 per share as consideration for total principal and interest of $87,995;



-

Pursuant to a debt settlement agreement, the Company issued 12,959,002 common shares at $0.015 per share as consideration for outstanding debt of $194,385.





---

Item 2. Management's Discussion and Plan of Operation



Forward-Looking Statements

This Quarterly Report contains forward-looking statements about our business, financial condition and prospects that reflect our assumptions and beliefs based on information currently available.  We can give no assurance that the expectations indicated by such forward-looking statements will be realized.  If any of our assumptions should prove incorrect, or if any of the risks and uncertainties underlying such expectations should materialize, our actual results may differ materially from those indicated by the forward-looking statements.

The key factors that are not within our control and that may have a direct bearing on operating results include, but are not limited to, the acceptance of our products and services, our ability to expand our customer base, our ability to raise capital in the future, the retention of key employees and changes in the regulation of our industry.

There may be other risks and circumstances that we are unable to predict.  When used in this Quarterly Report, words such as,  "believes,"  "expects," "intends,"  "plans,"  "anticipates,"  "estimates"and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking   statements   not   accompanied   by such   expressions.  All forward-looking statements are intended to be covered by the safe harbor created by Section 21E of the Securities Exchange Act of 1934.

General

E-Com Technologies Corporation(E-Com or the Company), a Nevada corporation, was incorporated on January 29, 1999 as an information technology company employing the latest technologies to develop solutions for a global marketplace. The Companys principal products and services included the development of e-commerce and e-business applications, web site architecture and hosting, database design and programming, domain name registration, online payment processing, Internet marketing and consulting and custom programming of web based applications.  In the prior quarter, management decided to cease operation of this business due to a lack of resources to continue and the inability to raise additional financing on terms beneficial to shareholders.

The Company filed its Form 10-SB with the United States Securities and Exchange Commission, which became effective November 10, 2000.  As of December 15, 2000 our common shares have been quoted for trading on the OTC Bulletin Boardâ under the symbol ECTC.

The Company is now seeking new business opportunities, which will create value for our shareholders.

Results of Operations

Revenue, Cost of Sales and Services, and Gross Margin

For the three month period ended September 30, 2003

The Company generated revenues of $nil for the quarter ended September 30, 2003, as compared to $1,713 in the quarter ended September 30, 2002. This decrease in revenue is due to the fact that during the prior quarter we ceased operation of our current business.



Cost of sales and services decreased from $84 for the quarter ended September 30, 2002 to $nil for the quarter ended September 30, 2003, reflecting the cessation of our current business in the prior quarter.  Gross profits were down from $1,629 for the quarter ended September 30, 2002 to $nil for the quarter ended September 30, 2003.



For the nine month period ended September 30, 2003



For the nine months ended September 30, 2003 revenues were $661 as compared to $17,553 for the nine months ended September 30, 2002. Cost of sales decreased from $10,346 for the nine months ended September 30, 2002 to $nil for the nine months ended September 30, 2003. Gross profits were down from $7,207 for the nine months ended September 30, 2002 to $661 for the nine months ended September 30, 2003.The decrease in revenue, cost of sales and gross margin is due to the fact that during the prior quarter we ceased operation of our current business.



Selling, General and Administrative Expenses



For the three month period ended September 30, 2003



Total selling, general and administrative expenses decreased from $26,806 for the quarter ended September 30, 2002 to $3,940 for the same period in 2003. The decrease can be attributed to lower expenditures as we ceased operations of our Internet services business operations during the prior quarter.  Expenditures were comprised mainly of legal, accounting and office expenses.



For the nine month period ended September 30, 2003



Total selling, general and administrative expenses decreased from $114,514 for the nine month period ended September 30, 2002 to $17,448 for the same period in 2003. The decrease can be attributed to lower expenditures as we ceased operations of our Internet services business during the prior quarter.  Expenditures were comprised mainly of legal, accounting and office expenses.



Depreciation and Amortization



For the three month period ended September 30, 2003



Depreciation expense decreased from $2,749 for the quarter ended September 30, 2002 to $nil for the quarter ended September 30, 2003.  The decrease is due to a lower cost base of assets for depreciation as all assets were fully depreciated as of the prior quarter.



For the nine month period ended September 30, 2003



Depreciation expense decreased from $10,210for the nine month period ended September 30, 2002 to $2,318 for the nine month period ended September 30, 2003.  The decrease is due to a lower cost base of assets for depreciation as all assets were fully depreciated as of the prior quarter.



Interest Expense



For the three month period ended September 30, 2003



Interest expense increased from $1,997 for the quarter ended September 30, 2002 to $4,245 for the quarter ended September 30, 2003.  This increase is due to amortization of the discount on convertible debt resulting from the exercise of the convertible debt into common stock.



For the nine month period ended September 30, 2003



Interest expense increased from $6,174 for the nine month period ended September 30, 2002 to $10,680 for the nine month period ended September 30, 2003. This increase is due to amortization of the discount on convertible debt resulting from the exercise of the convertible debt into common stock.



Net Loss



For the three month period ended September 30, 2003



We had a net loss of $8,185 for the quarter ended September 30, 2003 as compared to a net loss of $29,922 for the comparable period in 2002.  The decrease in net losses was due to a significant reduction in expenditures, primarily selling, general and administrative expenses, resulting from the scaling down and cessation of the Companys Internet services business operations in the prior quarter.



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For the nine month period ended September 30, 2003



We had a net loss of $29,996 for nine month period ended September 30, 2003 as compared to a net loss of $123,691 for the comparable period in 2002.  The decrease in net losses was due to a significant reduction in expenditures, primarily selling, general and administrative expenses, resulting from the scaling down and cessation of the Internet services business operations in the prior quarter.



The Company now has no full time or part time employees.  The Companys officers are devoting approximately 10% of their time to the Company for no charge in seeking business opportunities and keeping the Companys SEC filings and financial statements current.

Future Business

During the quarter, management decided to cease operations of its existing business being conducted through the Companys wholly owned subsidiary, E-Com Consultants (Canada) Corp. due to declining revenues, inadequate margins, lack of resources and despite efforts to raise additional capital, the inability to raise additional financing on terms beneficial to shareholders.  We plan to wind-up or dispose of this subsidiary, as it has no value to the Company.

Our future plan is to seek new business opportunities, which will create value for shareholders and enable the Company to raise additional financing.  Potential new business opportunities being considered are in the technology sector as well as new business areas.

We plan to aggressively seek merger and acquisition targets, which will enhance shareholder value.  We currently have few resources available other than managements time, which is being provided at no charge.  Management intends to borrow or advance funds to be used for legal and accounting expenses to be used to keep the Companys SEC filings current, to maintain its current status as a reporting company and to perform due diligence on potential merger and acquisition companies.

Liquidity and Capital Resources

As at September 30, 2003 we had $955 of cash on hand and a working capital deficiency of $207,466.  The Companys current financial condition is weak, as currently we have no revenue and due to our significant working capital deficiency.  Management has taken steps to cut all expenditures except for legal and accounting expenses, minimal office overhead and costs to investigate new business opportunities.  Management has been successful in the settlement of some of the Companys current liabilities for the issuance of common shares and will attempt to settle additional debt for equity.

We currently have little resources available to the Company, other than managements time, which is being provided at no charge.  An officer of the Company is currently providing the Companys office and some administrative costs for no charge to the Company.

It is our intention to borrow or advance cash to enable to keep the Companys SEC filings current and maintain its current status as a reporting company.  Once a suitable target business has been identified management intends to raise additional capital to fund its operations through debt and/or equity financing.

The Companys interim consolidated financial statements are prepared on a going concern basis in accordance with generally accepted accounting principles in the United States which contemplates the realization of assets and discharge of liabilities and commitments in the normal course of business.  Certain conditions, discussed below, currently exist which raise substantial doubt about the validity of this assumption.  The financial statements do not include any adjustments that might result from the outcome of this uncertainty.



Risk Factors

INVESTING IN OUR COMPANY INVOLVES CONSIDERABLE RISK. YOU SHOULD CAREFULLY CONSIDER THE RISKS SET FORTH IN THIS FILING AND OTHER FILINGS IN DETAIL BEFORE MAKING AN INVESTMENT DECISION. THESE RISKS AND UNCERTAINTIES ARE NOT THE ONLY ONES THAT WE FACE OR THAT MAY ADVERSELY AFFECT OUR BUSINESS. IF ANY OF THE FOLLOWING RISKS OR UNCERTAINTIES ACTUALLY OR PARTIALLY OCCURS, OUR COMPANY, FINANCIAL CONDITION, OR RESULTS OF OPERATIONS COULD BE MATERIALLY ADVERSELY AFFECTED. THIS FILING ALSO CONTAINS CERTAIN FORWARD-LOOKING STATEMENTS THAT INHERENTLY INVOLVE RISK AND UNCERTAINTY. OUR ACTUAL RESULTS COULD DEVIATE MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING STATEMENTS. THIS COULD OCCUR BECAUSE OF THE RISKS SET FORTH IN THIS DOCUMENT, OUR OTHER FILINGS, OR UNANTICIPATED EVENTS AND OCCURRENCES NOT YET FORESEEN.



We are currently not generating positive cash flow and may not have the cash, equity capital, credit, or working capital to pay our current expenditures.  We are seeking equity financing which may not be available on acceptable on terms and conditions to us, if at all.  The auditors' report on our December 31, 2002 consolidated financial statements includes an additional explanatory paragraph that states that the Company has incurred losses from operations and has a working capital deficiency that raise substantial doubt about our ability to continue as a going concern. The financial statements do not include any adjustment that might result from the outcome of this uncertainty



We are operating at loss and currently have no revenues, which will further erode our already limited resources.  We are currently seeking new business opportunities, which may enable us to generate cash flow and raise additional capital.  However, there is no assurance that this can be accomplished before our limited resources are exhausted.



We expect that additional Executive and other personnel will need to be hired to run any new business operations. However, given our limited financial resources this may be difficult to achieve.



The trading price of our common stock could be subject to significant fluctuations.



Break-even cash flow will depend on us successfully locating a new business opportunity, raising financing and developing cash flow. There can be no assurances that this will occur.





Item 3. - Controls and Procedures



On September 1, 2003 the Company carried out an evaluation of the effectiveness of the design and operation of the Company's disclosure controls and procedures (as defined in Exchange Act Rule 13a-14c). Based upon that evaluation, the Chief Executive and Financial Officer concluded that the Company's disclosure controls and procedures are effective given the limited operations of the Company.



There were no significant changes in the Company's internal controls or in other factors that could significantly affect these controls subsequent to the date of the evaluation.





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PART II - OTHER INFORMATION

Item 1. Legal Proceedings

None

Item 2. Changes in Securities and Use of Proceeds



On September 8, 2003, the Board of Directors of E-Com Technologies Corp. (the "Company") accepted a Debt Settlement and Subscription Agreement pursuant to which the Company on September 19, 2003 issued 12,959,002 shares of common stock from treasury to James Robert Todhunter at a price of $0.015 to settle debt owing of $194,385.03.  As a result of this settlement Mr. Todhunter will become an affiliate  of the Company by virtue of shareholdings in excess of 10% of the issued and outstanding capital stock.  Mr. Todhunter now holds 13,054,246 common shares of capital stock, which represents 38.1% of the voting securities of the Company. The use of proceeds was for settlement of current liabilities.  No commissions or finders fees were paid in connection with this transaction.  The Company relied on Regulation S of the Securities Act of 1933 in issuing these securities in an exempt transaction.



On September 9, 2003 six holders of Convertible Debentures and Convertible Notes issued by the Company in prior years elected to convert these notes and debentures into common stock in accordance with the terms of the instruments agreed to and approved by the Board of Directors upon their issuance.  As a result the Company on September 19, 2003 issued an aggregate 8,582,576 shares of common stock to non-affiliates which retired convertible debt in the aggregate face value amount of $72,360.  None of these holders own common stock in excess of 5% of the issued and outstanding share capital. The 8,582,576 shares of common stock were issued without restrictive legend.  No additional proceeds were raised on the conversion and no commissions or finders fees were paid in connection with this transaction.  The Company relied on Regulation S of the Securities Act of 1933 when this convertible debt was initially issued in an exempt transaction.





Item 3. Defaults Upon Senior Securities

None

Item 4. Submission of Matters to a Vote of Securities Holders

None

Item 5. Other Information

None

Item 6(a). Exhibits

|Exhibit Number | Name and/or Identification of Exhibit                                                                                                                                                                                                                     
|-------------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|3              | Articles of Incorporation & By-Laws                                                                                                                                                                                                                       
|               | (a)Articles of Incorporation of the Company filed January 29, 1999.  Incorporated by reference to the exhibits to the Company's General Form For Registration Of Securities Of Small Business Issuers on Form 10-SB, previously filed with the Commission.
|               | (b)By-Laws of the Company adopted January 29, 1999.  Incorporated by reference to the exhibits to the Company's General Form For Registration Of Securities Of Small Business Issuers on Form 10SB, previously filed with the Commission.                
|99.1           | Section 302 Certification                                                                                                                                                                                                                                 
|99.2           | Section 302 Certification                                                                                                                                                                                                                                 
|99.3           | Section 906 Certification                                                                                                                                                                                                                                 







Item 6(b). Reports on Form 8-K

On September 22, 2003 we filed a Form 8-K announcing a change in control through the issuance of common stock in exchange for settlement of current liabilities and the exercise of convertible debt into common stock.

On October 20, 2003 we filed a Form 8-K which attached as exhibit 99.1 to this Form 8-K Current Report, the Certification of the Chief Executive Officer and the Chief Financial Officer for the Form 10-KSB Annual Report we filed for the year ended December 31, 2002 on April 15, 2003.











SIGNATURES



In accordance with the requirements of the Exchange Act, the Registrant has caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.



E-COM TECHNOLOGIES CORPORATION



Dated: November 14, 2003



/s/ Kyle Werier

----------------------------------------------

Kyle Werier, President and

Chief Executive Officer











Dated: November 14, 2003





/s/ Ronald P. Jorgensen

----------------------------------------------

Ron Jorgensen, Chief Financial Officer



---



I, Ron Jorgensen, certify that:



1.

I have reviewed this quarterly report on Form 10-QSB of E-Com Technologies Corporation;



2.

Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;



3.

Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;



4.

The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:



a)

designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared;



b)

evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this quarterly report (the "Evaluation Date"); and



c)

presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date;



5.    The registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):



a)

all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and



b)

any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and



6.    The registrant's other certifying officers and I have indicated in this quarterly report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.





Dated: November 14, 2003





/s/Ron Jorgensen

----------------------------------------------

Ron Jorgensen, Chief Financial Officer





---



I, Kyle Werier, certify that:



1.

I have reviewed this quarterly report on Form 10-QSB of E-Com Technologies Corporation;



2.

Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;



3.

Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;



4.

The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:



a)

designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared;



b)

evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this quarterly report (the "Evaluation Date"); and



c)

presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date;



5.    The registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):



a)

all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and



b)

any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and



6.    The registrant's other certifying officers and I have indicated in this quarterly report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.





Dated: November 14, 2003



/s/Kyle Werier

-------------------------------------

Kyle Werier,

President and Chief Executive Officer





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CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED
PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of E-Com Technologies Corp. (the "Company") on Form 10-QSB for the period ended September 30, 2003 as filed with the Securities and Exchange Commission on November 14, 2003 (the "Report"), we, Kyle Werier, Principal Executive Officer and Ron Jorgensen, Principal Financial Officer of the Company, each certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of our knowledge and belief:

(1)

The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2)

The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company.

Dated:  November 14, 2003

/s/Kyle Werier

Kyle Werier, President and Chief Executive Officer
(Principal Executive Officer)

/s/Ron Jorgensen

Ron Jorgensen, Chief Financial Officer
(Principal Financial Officer)